58-1-27. Definitions regarding transmission of electronic documents.
Terms used in §§58-1-27 to 58-1-39, inclusive, mean:
(1)"Delivered by electronic means,":
(a)Delivery to an electronic mail address at which a party has consented to receive notices or documents; or
(b)Posting on an electronic network or site accessible via the internet, mobile application, computer, mobile device, tablet, or any other electronic device, together with separate notice to a party directed to the electronic mail address at which the party consents to receive notice of the posting;
(2)"Party," any recipient of any notice or document required as part of an insurance transaction, including an applicant, an insured, a policyholder, or an annuity contract holder.
Source: SL 2014, ch 230, §1.